Examining the interaction of sustainable innovation activity and the life cycle of small high‐tech enterprises

2021 ◽  
Author(s):  
Elena D. Vaisman ◽  
Maria V. Podshivalova ◽  
Andrew Adewale Alola
Keyword(s):  
Life Cycle ◽  
Innovation Activity ◽  
High Tech ◽  
Sustainable Innovation

SYSTEM OF INDICATORS FOR ASSESSING INNOVATION ACTIVITY IN HIGH-TECH COMPANIES

2021 ◽  
Vol 2 (7) ◽  
pp. 15-23
Author(s):  
A. E. SKLYAROV ◽  
Keyword(s):  
Distinctive Feature ◽  
Economic Effect ◽  
Innovation Activity ◽  
High Tech ◽  
Four Blocks ◽  
Knowledge Intensive

The article contains proposals for the development of the assessment of innovation activity of a knowledgeintensive organization. They include four blocks of indicators: the portfolio of innovative activities, own work within it, the duration of implementation of innovative projects, the economic effect of their implementation. A distinctive feature of the system is the assessment of indicators of innovation activity within the framework of the execution of profitable contracts of a knowledge-intensive organization.

scholarly journals The ways of Improving the Innovation Management in Ukraine Using the International Development

2020 ◽  
Vol 9 (2) ◽  
pp. 203-210
Author(s):  
Viktoriia Bokovets ◽  
Olena Moskvichova ◽  
Iryna Hryhoruk ◽  
Svetlana Suprunenko
Keyword(s):  
International Development ◽  
Driving Forces ◽  
Innovation Management ◽  
Innovation Process ◽  
International Experience ◽  
Innovation Activity ◽  
High Tech ◽  
Economic Science ◽  
Innovative Management ◽  
The World

In the world economic space there is a complex transition from industrial technological system to postindustrial, in which the high tech, informatization and knowledge economy takes on the dominating role of the driving forces of development. Naturally, for such a turn of events, economic science was not well prepared, and today there is a certain gap between the practice of accelerated changes and the scientific provision of these processes. First of all, it concerns the development of a strategy and mechanisms for the development of the country's economy and identifying opportunities for realizing its innovative potential by doing innovative management. The researchers consider innovative management in their work in a number of aspects: science and art of innovative management (I. Dichkivska, P. Zavlin); kind of administrative activity in making decisions on innovations (I. Balabanov, M. Yon, V. Stadnik,); management of innovations (N. Kruglov, A. Porshnev); a system of rules of principles, norms, values orientations that regulate various spheres of innovation activity (V. Vasilenko, L. Oholova). In innovative management, the methods of socio-psychological series, heuristic and collegial (I. Ansoff, B. Gates, L. Karuushkha, A. Morita) prevail. There is a change in the general functions, structure and objectives of management (L. Danilenko, L. Oholova), there are special means and forms of organization of innovation activity (V. Vasilenko, L. Vashchenko).The study of literary sources and their generalization shows the importance of this issue, and requires a more in-depth study and analysis of international experience in implementing innovative measures. The research objective. The main purpose of this study is to analyze measures to stimulate innovation development in the countries of the world, assessment of their effectiveness, as well as consideration of the directions on the basis of their activation of innovation activity in Ukraine. The article reveals the essence of the concept of "innovative management", analyzes the international experience in implementing and stimulating the innovation process. Thus, to summarize, it can be concluded that the experience of leading countries in stimulating innovation usually involves quite similar measures, namely: subsidies, tax cuts or, in some cases, tax holidays, payment of a share of R & D expenditure. The following organizations are created: informational, technical, financial support for business engaged in innovation activities. Stimulates the development of innovations at the level of universities and other scientific institutions.  Keywords: innovative management; innovative activity; innovative measures; R&D; innovation.

scholarly journals STRATEGIC OVERVIEW OF FINANCIAL SUPPORT FOR THE DEVELOPMENT OF SMALL INNOVATIVE ENTERPRISES IN UKRAINE

2019 ◽  
pp. 53-64
Author(s):  
Danylo VANKOVYCH ◽  
Myroslav KULCHYTSKYJ
Keyword(s):  
Small Businesses ◽  
Financial Support ◽  
Essential Element ◽  
Main Tool ◽  
Innovation Activity ◽  
Aviation Industry ◽  
High Tech ◽  
Essential Property ◽  
Industrial Complex ◽  
Tool Manufacture

Introduction. Small innovative businesses play an important role in the economy of developed countries and are an essential element of the innovation process. Small enterprises are the most flexible, dynamic and widespread form of enterprises. Ukraine’s aspiration to European integration necessitates the introduction of an innovative model of development, one of the components of which is the development of a domestic innovation enterprise, which prompts to seek new approaches to the implementation of scientific, technical and innovative potential of the country’s economy. The purpose of the article is to find out the features and problems of financial support for the development of small innovative enterprises in Ukraine and to substantiate directions for its improvement. Results. According to the data of the State Statistics Service of Ukraine, innovation activity in Ukraine in 2018 was carried out only by every eleventh enterprise. The share of enterprises that introduced innovations in 2017 amounted to 16.2%, and those engaged in innovations 14.3%, respectively. At the same time, the share of innovative products in the total industrial volume was, according to the results of 2017, only 0.7%. In Ukraine, as of January 1, 2018, in the total number of enterprises (338256 units), the share of small business entities amounted to 95.5%. This testifies to the dependence of the level of development of the Ukrainian economy on their innovative activity. Among the range of obstacles to the successful functioning of innovative entrepreneurship, the problem of low efficiency of functioning of the financial mechanism of ensuring their development is the most urgent. Particular attention should be paid to the use of national competitive advantages, avant-garde industries, high-tech industries, such as space technology, aviation industry, biotechnology, tool manufacture, defense and industrial complex. Innovation demand in Ukraine should become not only an economic category but also an essential property of a person’s character. Conclusions. The development of innovative entrepreneurship is not carried out quickly and purposefully. Its potential, as the main tool for commercializing scientific ideas, is practically not implemented in Ukraine. Before small innovative enterprises, there are many barriers and obstacles that prevent them from working effectively. Thus, in order to provide effective financial support for the development of small innovative entrepreneurship, it is necessary, first of all, to improve the financial and tax policy of supporting small businesses, as well as to increase the efficiency of the use of established institutions of market infrastructure for supporting small businesses. The details of the mechanisms for implementing these measures should be the subject of further research, the results of which will be highlighted in the following publications.

Lifting the lid on evolutionary game theory and competitive dynamics

2019 ◽  
Vol 35 (11) ◽  
pp. 12-14
Keyword(s):  
Evolutionary Game Theory ◽  
Design Methodology ◽  
Evolutionary Game ◽  
Competitive Dynamics ◽  
Innovation Activity ◽  
High Tech ◽  
Market Strategy ◽  
Content Type ◽  
Pertinent Information ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. 10; Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This research paper concentrates on how an evolutionary game framework uncovers the competitive dynamics that high-tech firms experience as they innovate for survival in their risk-filled market. The main findings are that where the late entering agent chooses to pursue an R&D innovation strategy, this becomes the dominant pan-market strategy. Furthermore, when competition between agents intensifies, innovation activity becomes more rapid because the players then apply all their energy into maximizing any form of competitive advantage in a race to avoid elimination from the market. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

In the post-crisis world, did debt and equity markets respond differently to high-tech industries and innovative firms?

2020 ◽  
pp. 026624262094728
Author(s):  
Marc Cowling ◽  
Weixi Liu ◽  
Ning Zhang
Keyword(s):  
Equity Markets ◽  
Point Of View ◽  
Innovative Activity ◽  
Innovation Activity ◽  
High Tech ◽  
High Tech Industry ◽  
General Process ◽  
External Finance ◽  
Innovative Firms ◽  
Industry Sectors

The belief that more general capital constraints are exacerbated and magnified in innovative and technology-based firms has provided justification for policy intervention, across the range of equity and debt-based financial instruments. In this article, we tackle the question as to whether smaller innovative firms, both in and outside of high-tech industry sectors, do indeed face greater constraints when seeking to access capital from external markets. Our results show that both high-tech and innovation are important determinants of the firms’ demand for external finance, but these effects are more pronounced in equity markets than debt markets. On the supply side of capital markets, being in a high-tech industry sector was relatively unimportant from the point of view of financiers. Rather, being involved in innovative activity was associated with a greater incidence of absolute and partial rationing and also in terms of the general process of applying for finance being substantially more difficult. These findings were more acute for firms in high-tech industry sectors that were also engaged in innovative activity. Our findings also suggest that policy makers need greater clarity and nuance when developing policy responses around high-tech and broader innovation activity which, although they have significant overlap, should not be conflated.

scholarly journals Evaluation of innovation activity science-intensive and high-tech of enterprises

2018 ◽  
Vol 170 ◽  
pp. 01048 ◽  
Author(s):  
Tatiana Meshcheryakova
Keyword(s):  
Specific Weight ◽  
Sustainable Urban Development ◽  
Innovation Activity ◽  
High Tech ◽  
Innovation Activities ◽  
Modern Business ◽  
Key Indicators ◽  
National Economies ◽  
Innovative Capacity ◽  
Statistical Agency

The innovative development of individual enterprises and industries determines the competitiveness of the regional and national economies through modern business technologies for sustainable urban development. The article presents the analysis of categories "science intensive", "high technology", "innovative". The analysis of official data of the Federal Statistical Agency on key indicators of the effectiveness of innovation activities of enterprises is given and their aggregated estimate is given. The dynamics of such indicators as: innovative activity of organizations (specific weight of organizations that carried out technological, organizational, marketing innovations in the reporting year) was revealed; the share of innovative goods, works, services in the total volume of goods shipped, works performed, services; costs for technological innovation; specific weight of expenses for technological innovations in the total volume of shipped goods, works performed, services, etc. In the course of the research, recommendations were developed to increase the efficiency of innovation activities of enterprises based on assessing innovation activity and identifying innovative capacity, as well as applying the necessary economic and mathematical tools for the assessment and modelling of innovative projects and enterprise programs.

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